Arguments have concluded in the Nova Scotia Court of Appeal in the lawsuit between Westminer Canada and the former directors of Seabright Resources. Westminer is seeking $62 million in damages to comp…
Lyndex Explorations (CDN) will soon begin metallurgical testing of samples from a gold property in Europe. The program, intended to verify previous results, will operate in conjunction with on-going b…
The research and development (R & D) division of Saskatchewan uranium producer Cameco will be relocated from Saskatoon to Port Hope, Ont., where the company’s uranium processing plant is situated. The…
A rescue effort continues underground at the Macassa gold mine just west of Kirkland Lake, Ont., where two miners remain trapped following rockburst activity. The two men, identified in news reports a…
Drilling has identified previously unreported faults on inactive railway land in Timmins, Ont. One of the faults has past production on the adjoining Hollinger ground. The 4-hole program, conducted by…
About 18.2 million tonnes grading 1.48 grams gold per tonne have been outlined at the Quebec joint venture of Northway Explorations (TSE) and T & H Resources (TSE). The preliminary estimate was record…
Gold Funds as of Dec. 14 BGR Central Net Value $15.63 $6.40 Price $14.50 $6.750 Premium 5.5% Discount 7.24% Value $87,561,000 $122,170,275…
Cambior — 5.5 million units @ $20.65. MSV Resources — 4.1 million Cl A shs issuable upon the exercise of special wts @ $2.20 per special wt. Summit Resources — 2,000,000 shs to be issued upon exerc…
— Week — Dec 14 Dec 13 Dec 10 Dec 9 Dec 8 High Low Composite”300″ 4244.43 4293.38 4280.30 4290.63 4307.67 4307.70 4243.53 Metals&Minerals 3473.35 3551.97 3497.71 3483.08 3515.57 3557.08 3468.53 Inte…
Week’s Price (US) Change Gold* $385.90 + $8.75 Silver* $ 5.10 + $0.14 Platinum* $385.25 + $8.50 Nickel** $ 2.35 + $0.09 Lead** $ 0.21 + $0.01 Copper $ 0.78 + $0.02 Zinc $ 0.44 – $0.01 Courtesy of Scot…
A US$8.75 runup in the price of the yellow metal over the course of the report week pushed the senior gold equities higher once again. Typical of the gold group were American Barrick, up $1.50 to just…
Information-starved investors received additional results from ongoing exploration at the Lac de Gras camp in the Northwest Territories. The joint venture of Dia Met Minerals (TSE) and BHP Minerals re…
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